Ahmedabad-based real estate company Nila Spaces has announced the listing of its flagship GIFT City project VIDA on Alt DRX. This marks the first tokenised asset in the platform’s newly launched “Gujarat Tri-City Investment Opportunity.” The ticket sizes vary from Rs 75 lakh to ₹3 crore.
For the first time, resident Indians can own a slice of GIFT City’s skyline starting at the equivalent of just one square foot.
Nila Spaces, in a statement, said that property tokenisation changes the arithmetic, turning illiquid, chunky, paperwork-heavy assets into tradeable digital real estate that middle India can actually participate in.
The VIDA listing enables micro-ownership down to 1 SQFT. Nila Spaces said that the listing also replaces months of paperwork with minutes of settlement, giving investors the flexibility to enter when it suits them.
Deep Vadodaria, MD & CEO, Nila Spaces, said that every Indian should have access to real estate as part of their investment portfolio. Through this model, investors can diversify meaningfully by participating in premium developments with as little as one square foot in digital ownership.
"It opens the door to capital appreciation while being anchored in a real, underlying asset, making it far more grounded than purely speculative avenues. With VIDA on Alt DRX, we are enabling broader participation in GIFT City’s growth story,” he said.
Pic: Deep Vadodaria, MD, Nila Spaces
Avinash Rao, co-founder of Alt DRX, said that the focus has been on making investments into housing assets more inclusive, liquid, and technology-driven.
“The listing of VIDA as the first marquee asset in our Gujarat Tri-City Investment Opportunity reflects a growing demand among investors across India to access high-quality assets in Gujarat’s high-growth real estate corridor Ahmedabad, Gandhinagar and GIFT City,” he said.
Nila Spaces is a design-led real estate development company focused on creating community-driven residential and mixed-use spaces.
